201/1-5 Donald Street, PRAHRAN

Apartment 201 at 1-5 Donald Street, Prahran presents a strong income producing opportunity within the tightly held Prahran Mews student accommodation complex. Currently leased at $330 per week, the property delivers reliable rental income in a location that continues to attract consistent student demand. The studio features a bright open plan layout with excellent natural light, a compact kitchenette with gas cooktop, good storage and a modern ensuite bathroom, offering a practical and low maintenance investment. Positioned just moments from Chapel Street, supermarkets, cafes and public transport, and within easy walking distance of Swinburne University, Prahran Station and St Kilda Road trams, the location ensures ongoing tenant appeal. Rental income: $330 per week | $17,160 per annum An ideal set and forget investment for buyers seeking strong yield and steady rental demand in a prime inner city location.